A 2.2 billion euro ($2.43 billion) loan and bond financing backing the buyout of Saint-Gobain's glass bottle unit Verallia remains on hold after Greece rejected a compromise with international creditors, Reuters News reported.
2 min read · 07 July 2015
Hong Kong-based Baring Private Equity Asia's acquisition of a majority stake in trust and custodial services provider Vistra Group will be backed with a $700 million cross border leveraged loan financing, banking sources told Reuters News.
1 min read · 07 July 2015
A 2.2 billion euro ($2.43 billion) loan and bond financing backing the buyout of Saint-Gobain's glass bottle unit Verallia remains on hold after Greece rejected a compromise with international creditors, bankers said on Monday.
2 min read · 06 July 2015
Polish state-run railway group PKP said on Monday it invited global private equity fund CVC to exclusive talks on the takeover of its utility arm PKP Energetyka.
1 min read · 06 July 2015
Debt-laden steel trader Stemcor, one of the UK’s largest private companies, has agreed a deal with U.S. distressed investment fund Apollo (APO.N) and with its other lenders that "secures its future", Stemcor said on Monday.
1 min read · 06 July 2015
Formula One's commercial rights holders CVC Capital Partners are under no pressure to sell their controlling stake in the sport and want to keep it, co-chairman Donald Mackenzie told Reuters on Saturday.
3 min read · 06 July 2015
The planned sale of the Philippine government's majority stake in United Coconut Planters Bank (UCPB) has drawn interest from U.S. private equity companies and domestic conglomerate San Miguel Corp, a source told Reuters.
2 min read · 02 July 2015
PayPal Inc said it would buy digital money transfer provider Xoom Corp for $890 million as it muscles into a growing international remittance market and expand in countries like Mexico, India and China ahead of a spinoff from eBay Inc., Reuters News reported.
2 min read · 02 July 2015
Buyout firm Kelso & Co is in advanced discussions to acquire US LBM Holdings LLC, in a deal that could value the U.S. building materials distributor at around $1 billion, including debt, Reuters News reported.
2 min read · 02 July 2015
Carlyle Group and MBK Partners are among the shortlisted bidders for Tesco PLC's South Korea business which is valued at about $6 billion, people familiar with the matter told Reuters on Thursday.
2 min read · 02 July 2015
